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IMPLIED DUTIES OF EMPLOYEE - Fiduciary duties

Wednesday, May 02, 2018 @ 8:41 AM  

Appeal by the defendant former employer from a summary judgment award on the respondent's claim for breach of contract. The respondent was an engineer. He was employed by the appellant for a period of 10 years ending in 2015 and had attained the position of vice president. During his employment, the respondent acquired shares in the appellant. Prior to resigning, the respondent sold his shares to the appellant for $891,820. The price was to be paid in 10 annual installments plus interest on the outstanding balance....